about the fund
Generating low volatility returns by using arbitrage and other derivative strategies in equity markets and investing in debt and money market instruments. However, no assurance or guarantee can be given that the investment objective of the scheme will be achieved.
ICICI Prudential Arbitrage Fund Direct Plan Growth is the AUM of 32298.86 crore and has provided CAGR 6.56 In the last 5 years. There is an exit load on the fund 0.25% and expense ratio 0.34%. Minimum investment in ICICI Prudential Arbitrage Fund Direct Plan Growth is Rs. 5000 And minimum SIP Rs. 1000.
The fund’s risk and return ratings according to Morningstar are Less & medium Respectively.
Current cash holdings held by the fund %. Top holdings of the fund include Cash Offset for Derivatives, ICICI Pru Money Market Dir Group, Bharti Airtel, HDFC Bank.
The major sectors where the funds are invested are Regional Banks, Communication Services, Consumer Financial Services, Biotechnology and Pharmaceuticals.
Some such funds are Kotak Arbitrage Fund Direct Growth, Invesco India Arbitrage Fund Direct Plan Growth Option, SBI Arbitrage Opportunities Fund Direct Growth, Aditya Birla Sun Life Arbitrage Fund Direct Plan Growth, ICICI Prudential Arbitrage Fund Direct Plan Growth. ICICI Prudential Arbitrage Fund Direct Plan Growth is a sharp ratio of 2.95 and a standard deviation of 0.38%.
